Bank of Baroda has appointed Ratnesh Kumar as Managing Director and CEO of its wholly-owned investment banking subsidiary, BoB Capital Markets Ltd.

Kumar holds a Masters degree in Management from FMS, University of Delhi, and M.Sc. (Hons) in Physics & B.E. (Hons) in Electrical and Electronics Engineering from BITS, Pilani.

The public sector bank in a statement said Kumar started his career in the Indian capital markets and financial services sector in 1993.

During the past 23 years he has had diverse experience and has held key leadership roles, the last being Managing Director, Head-Cash Equities India & CEO of Standard Chartered Securities India, wherein the main business segments included institutional brokerage, equity capital markets, equity research and retail broking, the statement added.